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Lloyds Bank Corporate Markets beefs up payments and cash management team

14 April 2011  |  4805 views  |  0 Source: Lloyds Bank Corporate Markets

Lloyds Bank Corporate Markets today announced the appointment of Kevin Stockbridge to Director of Global Payments and Cash Management Sales for Financial Institutions and Katherine Moore as Associate Director reporting to Kevin in the same team, as the bank expands its solutions to its clients in the financial institutions market.

In his new role, Kevin Stockbridge will be responsible for driving sales globally and will report to Sumit Jamuar, Managing Director and Global Head of Sales & Global Clients for Financial Institutions and member of the Financial Institutions Group Executive Committee. He brings over 30 years experience in financial institutions and cash management derived from a variety of roles, most recently at Lloyds Banking Group as Global Financial Institutions Product Manager and also as Head of Network Management.

Reporting to Kevin Stockbridge, Katherine Moore will be responsible for driving payments and cash management sales across Northern Europe, the UK and North America for the Global Financial Institutions business. Katherine has a wealth of experience across various international markets from a number of client-facing roles. She was responsible for the Nordic and Baltic regions in her previous role of five years at Bank of Montreal and has experience with Germanic banks accrued during her tenure with RBS.

Sumit Jamuar, Managing Director and Global Head of Sales and Global Clients commented:

"These appointments strengthen the team and reflect our ongoing commitment to this important area for our financial institutions clients. Kevin and Katherine's knowledge and experience of the issues international financial institutions encounter will be invaluable as Lloyds Bank Corporate Markets seeks to continue to support its banking clients' needs in an evolving market.

"Financial institutions face an increasing swathe of challenges, particularly around upcoming regulatory changes that will alter the way payments can be delivered and how clients' money is handled. Lloyds Bank Corporate Markets is committed to ensuring it deepening its relationships to provide a combination of the best product solutions and sector expertise."

The Global Financial Institutions team within Lloyds Bank Corporate Markets delivers corporate banking and risk management services to financial services companies, including support on strategic advisory and capital raising issues, cash management and trade finance services. The team has offices in London, New York, Dubai and Hong Kong to service and support clients in financial centres around the globe.

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